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😊Jestem dumny, że mogę dołączyć do trzeciego wydarzenia „Niech Web3 Happen in Dubai”! 🎆Dziękujemy @moledao_io za udostępnienie tej możliwości i wsparcie ze strony naszego inwestora @CerasVentures 💪Połączmy się z dynamicznymi profesjonalistami, inwestorami i założycielami web3 w 📍Dubaju. 👊#BUIDL zamożny #WEB3 #StarryNift #BnbChain

😊Jestem dumny, że mogę dołączyć do trzeciego wydarzenia „Niech Web3 Happen in Dubai”!

🎆Dziękujemy @moledao_io za udostępnienie tej możliwości i wsparcie ze strony naszego inwestora @CerasVentures

💪Połączmy się z dynamicznymi profesjonalistami, inwestorami i założycielami web3 w 📍Dubaju.

👊#BUIDL zamożny #WEB3

#StarryNift #BnbChain

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Institutional Investor Purchases Large Amount of Pepe Coin Amid Bitcoin and Altcoin Decline. The cryptocurrency market experienced a major decline after the release of US non-farm payrolls data. While Bitcoin fell nearly 5%, some altcoins saw losses of up to 20%. Amid this market volatility, top crypto investment firm Nascent strategically purchased a large amount of Pepe (PEPE) coin. Nascent Benefits from the Decline: Pepe's Strategic Acquisition According to data shared by Spot On Chain on June 8, Nascent took advantage of falling prices and purchased $ 5.48 million worth of Pepe coins from Binance. This move brought an immediate profit of $262,000 for the firm, making #PEPE the largest investment in Nascent's crypto portfolio. Maker (MKR), which was previously the investment that provided the highest return, provided a return of 248%. According to CoinGecko data, #Pepe coin was trading at $0.00001299 at the time of writing, despite a 9% decline in the last 24 hours. This institutional investor's strategic investment both highlights the potential for short-term gains and sees the interest in meme coins as a signal of recovery and interest in the broader crypto market. Analysts are closely watching how these moves by institutional investors may affect market dynamics in the coming weeks. The latest trends in the cryptocurrency market reveal volatility and potential opportunities. As institutional investors such as Nascent continue to benefit from these declines, this could signal increased confidence and a potential recovery trend. Therefore, market participants must be knowledgeable and attentive to navigate the ever-changing waves of the crypto world. $BTC $PEPE
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Bitcoin (BTC) Drops Below $69,000 Amid Strong US Employment Data and Interest Rate Concerns. A major factor that started this market decline was the release of the US Employment Situation Summary for June. Data showed employment rose to 272,000 in May, beating market expectations. However, the unemployment rate rose slightly from 3.9% to 4.0%, sending mixed economic signals between a strong labor market and rising unemployment. According to analysis by Markus Thielen from 10x Research, employment numbers alone do not fully explain the sharp decline in #Bitcoin observed on June 7. Rising Non-Farm Employment (NFP) figures also indicate a vibrant labor market. Such conditions often provide room for the Federal Reserve to raise interest rates to curb inflation, which strengthens the U.S. dollar. A strong dollar reduces the attractiveness of risky assets like cryptocurrencies, causing their prices to drop. The strengthening US Dollar Index (DXY) mirrored this trend, with investors pulling out of cryptocurrencies amid possible interest rate hikes and a strengthening US dollar. Forecasts suggest that weaker employment data could prompt lower interest rates, which could push #Bitcoin to new highs. Markus Thielen suggests that Bitcoin could reach unprecedented levels if upcoming #CPI reports show inflation rates at or below 3.3%. As investors monitor these economic signals, future announcements and economic updates by the central bank will be critical. These factors will provide a more in-depth look at market movements and guide investors to make informed decisions in a dynamic environment. The recent decline in the cryptocurrency market has been greatly influenced by economic indicators and possible interest rate adjustments. Investors should monitor these factors closely to understand market dynamics. While cryptocurrency investments are inherently volatile, staying informed and strategically assessing economic conditions can help navigate this challenging market. $BTC
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Brave Cryptocurrency Prediction from Analyst! “Super Cycle” Prediction in Bitcoin and Altcoins! One of the main indicators feeding the bullish expectation put forward by Davis is the high inflows into existing spot #Bitcoin exchange-traded funds (ETFs) in the last few weeks. These inflows indicate increasing confidence and interest from institutional investors. In addition, on-chain data shows that cryptocurrency whales, which are used to identify large cryptocurrency investors, have significantly increased their accumulation rate. This trend is often seen as a harbinger of a major market rally. A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! For example, transactions involving #Dogecoin whales exceeding $1 million each increased by over 150 in the last 24 hours. This increase indicates increased interest and activity among major investors in the altcoin market. Additionally, Franklin Templeton, a major investment firm, is considering a significant investment move towards altcoins, further strengthening the bullish outlook for the cryptocurrency market. According to Davis, the rationale behind buying cryptocurrencies now is the increasing involvement of institutions, asset management companies and pension funds globally. These organizations are reportedly following the lead of MicroStrategy, a company heavily invested in Bitcoin. As of this report, MicroStrategy holds over 214,400 BTC, corresponding to more than 1 percent of Bitcoin's total supply. The company's success has inspired other companies, such as Semler Scientific, to invest heavily in Bitcoin. Semler Scientific says it has purchased $17 million worth of BTC in recent years and plans to raise $150 million to buy more BTC. In addition to these developments, spot #Bitcoin ETF issuers purchased 56,150 #BTC in the last two weeks alone. This amount is equivalent to four months' supply of Bitcoin miners and demonstrates strong demand from institutional investors. $BTC
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🧙‍♂️ #Binance announced that the number of active users exceeded 200 million.
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🧙‍♂️ Major token unlocks happening next week. #Aptos #Arbitrum #Uniswap #Starknet #Sei $APT $SEI $ARB
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